Kevin CarsonMar 21, 2024
We long ago reached the point where the social relations of production became incompatible with further development of the forces of production. It's more profitable for private equity and other vulture capital to buy up productive capacity, and asset-strip and enshittify it.
Show threadJamesrado
@KevinCarson1 In the end, Runaway Capitalism is every bit as bad as Communism.
Mar 22, 2024 at 4:26amWeb
Show threadUgly Bag of Mostly WaterApr 2, 2024

@jamesrado @KevinCarson1
Capitalism was always worse than communism. By a humongous margin.

"In 40 years, between 1880 and 1920, British colonialism killed 100 million Indians and, according to research by economic historian, Robert Allen, extreme poverty in India increased under British rule, from 23% in 1810 to more than 50% in the mid-20th century."

https://www.aljazeera.com/amp/opinions/2022/12/2/how-british-colonial-policy-killed-100-million-indians

How British colonialism killed 100 million Indians in 40 years

The extraordinary mortality rates in India between 1880 to 1920 were no accident.

Al Jazeera